While the crypto ecosystem continues to make considerable progress in building out its infrastructure and 'institutionalising' the space, many crypto players are facing challenges due to a broad range of issues, from a fall in cryptoasset prices to more regular start-up challenges. This is forcing many crypto firms into situations of financial distress. In this article, we set out the ten things that any director or senior executive of a crypto entity needs to know when its solvency status is in doubt.
China and Hong Kong Restructuring & Insolvency Leader, PwC Hong Kong
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